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Stallman Company took a physical inventory on December 31 and determined that goods costing $261,370 were on hand. Not included in the physical count were $32,010 of goods purchased from Pelzer Corporation, f.o.b. shipping point, and $28,910 of goods sold to Alvarez Company for $35,920, f.o.b. destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Stallman report as its December 31 inventory?
the following information is available for grey goose inc.beginning retained
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What are the advantages and disadvantages of the computer-assisted audit technique known as parallel simulation?
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There were no other transactions which affected the companies' land accounts during 2006. What is the consolidated balance for land on the 2006 balance sheet?
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